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Estimate of the company net operating income

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Question - Jilk Inc.'s contribution margin ratio is 63% and its fixed monthly expenses are $44,000. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net operating income in a month when sales are $130,000?

$37,900

$86,000

$4,100

$81,900

Reference no: EM132010744

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